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AUD: Hovering Around 0.80 Level; What’s The Trade? – Nomura

Nomura FX Strategy Research notes that AUD/USD is hovering near the 0.80 level, and promotes taking a neutral view around this level.

"The pick-up in domestic GDP growth, rally in base metal prices, Australia’s structurally improved basic balance position, Read More →

GBPJPY – British Pound In Monstrous Uptrend Vs Japanese Yen

Key Points

  • The British Pound made a solid upside move and traded above 146.00 against the Japanese Yen.
  • There is a crucial bullish trend line with support at $145.80 forming on the hourly chart of GBPJPY.
  • Recently in Japan, the Read More →

G10 FX: S/T Tactical Views On EUR/USD, AUD/JPY, USD/JPY – SocGen

Societe Generale Cross Asset Strategy Research notes that last week collapse in bond yields increasingly seems like a cathartic cleansing of positions, and the key question now is how much further will Treasuries sell off as the market refocuses on Read More →

USD stages a comeback as concerns ebb; USDJPY continues to recover

The mood remained positive as the major equity indices in Asia headed higher this morning, taking the cue from the positive closes from the US markets. Concerns over the potential damage caused by Hurricane Irma appear to have eased and Read More →

AUDUSD – Aussie Dollar Back Bearish Vs US Dollar

Key Points

  • The Aussie Dollar made a downside move and traded below 0.8040 against the US Dollar.
  • There was a break below a crucial bullish trend line with support at 0.8030 on the hourly chart of AUDUSD.
  • Recently in Australia, Read More →